uack tu Asšignment Due Sunday 04.01.18 at 11:0 Attempts: 1 Keep the Highest: 1/4

Question

uack tu Asšignment Due Sunday 04.01.18 at 11:0 Attempts: 1 Keep the Highest: 1/4 4. International trade and development Aa Aa In January 2007, the Pakistani government provided research and development support and loans to local textile companies that sold their products abroad. This is an example of: O Foreign aid O Export promotion O Import substitutiorn What are common criticisms of this kind of policy? Check all that apply. n Other countries could retaliate by instituting trade restrictions It harms the agricultural sectors of poorer countries. It reduces domestic saving.

Explanation / Answer

The described case is an example of export promotion.

criticism of this policy should be option 1 i.e.some countries could retaliateby instituting trade restriction.

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